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Rising tensions between the United States and Iran have triggered fresh concerns in global oil markets, with analysts warning crude prices could approach $90 per barrel if the conflict escalates. With Nigeria’s fuel pricing tied to international benchmarks, any sustained spike could lead to another increase at the pump. Despite being an oil-producing nation, Nigeria remains vulnerable due to its reliance on imported refined products and exposure to global supply chains. Experts say if crude prices climb significantly, Nigerians may once again feel the ripple effect of a war far from home. #viralpost #sothishappened #punchnewspapers #FuelPrice #GlobalOil #NigeriaEconomy #EnergyCrisis #OilMarket ----- What is this channel all about? Nigeria's most widely read newspaper featuring breaking news, business, metro, politics, entertainment, sports, multimedia, investigative reports and special features. The online publication has earned its place as the hub of breaking news on the hour in Nigeria. For the latest news, visit our website: https://bit.ly/2T6gh9m Follow Punch Newspapers on: • Facebook: / punchnewspaper • Twitter: / mobilepunch • Instagram: / punchnewspa… #Nigeria #News #PunchNewspapers